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EXIN EX0-004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Risk Response and Control | - Control selection and implementation - Risk response options (avoid, reduce, transfer, accept) |
| Topic 2: Introduction to Risk Management | - Basic risk concepts and terminology - Purpose and benefits of risk management |
| Topic 3: Risk Identification | - Risk description techniques - Risk sources and categories |
| Topic 4: Risk Communication and Reporting | - Stakeholder communication - Risk reporting structures |
| Topic 5: MoR Principles and Approach | - MoR framework overview - Governance and embedding risk management |
| Topic 6: Risk Assessment | - Likelihood and impact evaluation - Risk prioritization methods |
EXIN Management of Risk Foundation Sample Questions:
1. Which document describes how risk management activities will support the achievement of corporate objectives throughout an organization?
A) Risk progress report
B) Risk management process guide
C) Risk management strategy
D) Risk management policy
2. Which is recorded in the risk response plan during the 'plan' step?
A) Actions developed to mitigate threats
B) Actions to improve risk management
C) Unmanaged risks
D) Number of risks in different categories
3. Which of the M_o_R framework core concepts is informed by corporate governance principles and the international standard for risk management ISO31000:2009?
A) M_o_R principles
B) Embedding and reviewing M_o_R
C) M_o_R process
D) M_o_R approach
4. What principle is supported by early warning indicators?
A) Informs decision-making
B) Engages stakeholders
C) Aligns with objectives
D) Fits the context
5. Which is a primary step within the 'M_o_R process'?
A) Assess
B) Embed
C) Control
D) Manage
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: A |
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